Question: Do you know of a tool that offers automated case management and collaborative console for AML compliance and fraud investigations?

If you're looking for a tool that provides automated case management and a collaborative console for AML compliance and fraud investigations, Flagright is a good option. This AI-native platform is geared for fintechs, banks and other financial services companies to monitor, screen, investigate and report financial crimes. It features automated case management, AI-based risk scoring, real-time transaction monitoring and a collaborative console. Flagright uses advanced AI algorithms to spot complex patterns, reducing manual task hours by 40% and false positives by 80%.

Another good option is Nasdaq Verafin, a broad financial crime management tool that combines data from hundreds of institutions. It offers better security and efficiency through machine learning and consortium analytics for fraud detection. The platform includes integrated case management for AML and CFT, high-risk customer management and secure information sharing between financial institutions for collaborative investigations. The tool is designed to help financial institutions stop fraud and meet regulatory requirements.

For businesses seeking a flexible platform, SEON offers advanced digital footprinting, machine learning and customizable rules to stop fraud and money laundering. SEON's features include real-time user activity monitoring, AI-powered insights for fraud detection and streamlined compliance processes. The platform is designed to be scalable and can be integrated through APIs or AWS Marketplace, making it a good option for a broad range of industries.

Sardine is another powerful option, offering a broad range of fraud prevention and compliance tools. It gathers deep device intelligence and behavioral biometrics to spot fraud patterns and offers tools for identity fraud, account takeover, payment fraud and AML. The platform offers a no-code rule editor and network graph, along with customizable rule sets and data enrichment from integrated providers. That makes Sardine a relatively easy integration option for reducing fraud rates and complying with regulations.